A guide for the lay person on economic indicators and much much more.
Friday, August 26, 2011
Characteristics of an adaptable organization
Three things: you need to have lots of different experiments going on; they need to be at the right scale, so that a failure doesn't finish you off; and you need to be able work out what is working and what isn't, which is not always easy. (If it was easy, we wouldn't need double-blind randomised controlled trials in medicine.) It sounds sensible enough in principle; the book explores how that actually might work in practice in politics, banking, development aid, science funding, and so on. And of course, in our own lives.